I am not in agreeance with another poster re, 'the channel' statement. Certainly there is resistance at 026, and I have stated as such twice now. But for a channel it would need to tag the lower at 02 a couple more times and it has not! I actually called the first 'Higher Low'. And now a second.
So I agree with @slick that there is indeed a another HL and that there is still resistance at 026. This is a bullish indicator, when we have a flat top and now a couple of HLs. Chart is looking very good.
Haven't purchased for a couple of weeks, been riding a lap of Victoria. Gosh the state is looking beautiful for a summer, the time to buy more is now. From a TA perspective. IMO.
To add to slick analysis, thought I'd throw the weekly up.
Golden cross, 8ema above the 20sma, RSI slowing climbing and volume has been good. Also of note the BB are just starting to open (new trend imminent?, that is upwards)
From a TA perspective the TA is actually looking very good for a long term buy. Not much in it for short term trade as the SP is almost at the ceiling, but that may break soonish. My first target is 033, again slight resistance.
GLTAH
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Last
1.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $49.76M |
Open | High | Low | Value | Volume |
1.6¢ | 1.7¢ | 1.6¢ | $18.78K | 1.149M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
26 | 4582509 | 1.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.7¢ | 2562410 | 8 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
26 | 4582509 | 0.016 |
28 | 9076447 | 0.015 |
20 | 6443177 | 0.014 |
6 | 1916592 | 0.013 |
7 | 4499413 | 0.012 |
Price($) | Vol. | No. |
---|---|---|
0.017 | 2562410 | 8 |
0.018 | 2345832 | 8 |
0.019 | 916544 | 6 |
0.020 | 3511497 | 16 |
0.021 | 1769124 | 11 |
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